- Topic
16k Popularity
7k Popularity
94k Popularity
2k Popularity
8k Popularity
- Pin
- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Pi Network technological breakthrough! Trading Volume surges 150%, $0.46 becomes the key battlefield for long positions.
Pi Network (PI) has shown strong momentum recently, successfully breaking through key resistance levels after a long period of sideways consolidation, accompanied by a surge in trading volume, indicating a clear market sentiment recovery. In the past 24 hours, PI has risen by 2%, following a big pump of 16% on the previous trading day, showing that buying power is returning. Technical signals suggest that if it can break through $0.46, long positions may initiate a new round of upward movement.
Breakthrough Sideways Range, Trading Volume Soars 150%
From August 2 to August 8, PI has been suppressed within a sideways channel, with prices lacking breakthrough momentum. However, the recent pump has pushed prices above the upper boundary of the channel, accompanied by trading volume surging nearly 150% to 270 million USD within 24 hours.
The increase in trading volume and price is usually seen as a confirmation signal for trend continuation, indicating that more capital is actively flowing into the market, which reduces the risk of false breakouts.
The technical outlook turns bullish, with EMA providing support
The PI price has broken through the 20-day Exponential Moving Average (EMA) at $0.4038, and this moving average has now turned into a dynamic support level.
In the short term, the PI reports at 0.413 USD, higher than the recent low of 0.326 USD, indicating that long positions are actively accumulating at low levels.
On the 4-hour chart, the price has risen above the 20-day EMA ($0.391) and the 50-day EMA ($0.384), but is still under pressure from the 200-day EMA ($0.4287).
Resistance and Support: 0.46 USD as the Bull-Bear Divide
Currently, PI is encountering strong resistance at $0.46, a price level that coincides with the 4-hour supply zone and the upper Bollinger Band, creating a multiple pressure zone.
Upside target: If it breaks through 0.4451 USD, it is expected to challenge 0.5281 USD.
Downside risk: If profit taking occurs, $0.3773 is the first important support level.
OBV shows that accumulation is still weak
Although the price and trading volume are rising in sync, the On-Balance Volume (OBV) indicator still remains close to a multi-month low, indicating that overall capital accumulation is still weak. This means that more capital needs to enter the market in the short term to push the price to continue rising.
Conclusion
The technical breakthroughs of Pi Network and the surge in Trading Volume have provided short-term advantages for long positions. However, the resistance level at 0.46 USD will be key in determining whether the market trend can continue. If it can successfully break through, PI is expected to open up greater upward space; conversely, if it gets blocked and falls back, the price may retest the support at 0.3773 USD. Investors should closely monitor changes in Trading Volume and EMA support conditions to determine the timing of the transition between bullish and bearish forces. For more real-time market data and in-depth analysis, please follow the official Gate platform.